Solutions

Developer

'' The development feasibility needs to be water tight. I’ve got a budget to maintain, a super tight schedule and KPI’s to meet. Costs and forecasts need to be tracked and cash flow managed efficiently ''

Valuer & Consultant

'' The true value of an asset, that’s where it all starts and ends for me. I need a solution that helps me undertake the appraisal process without compromising the accuracy of my results. ''

Investor

'' I need a true picture of our portfolio in real time. I want to manage my assets based on current data and take a long–term view. It’s a risky proposition; accuracy is everything. ''

Financier

'' I make critical lending decisions, so I need to understand any risks to the project. I want to know how sensitive the project is to changes in revenues and costs and to be across the financing and risk behind each transaction. I’m only interested in feasibility studies I can trust. ''

Academic Student

'' I’m keen to get a head start in my real estate career. Being certified on the industry standard software solution for real estate developers makes perfect sense to me – it means I’ll be work ready.''

Products

Development Feasibility

EstateMaster Development Feasibility (DF) helps you to calculate – with ease and accuracy – each of the key performance indicators for development appraisals and feasibility studies. Profit Margin, Residual Land Value, NPV and IRR to name just a few – all precisely quantified.

Development Management

EstateMaster Development Management (DM) helps you track and manage your project’s development cash flow and monthly performance with certainty. Update forecasts with actual costs and revenues and compare current forecasts against original or revised budgets at any time – from project start to finish.

Investment Appraisal

EstateMaster Investment Appraisal (IA) is a property valuation and investment analysis tool that uses Income Capitalisation and Discounted Cash Flow (DCF) analysis to accurately appraise a property’s purchase and disposal values based on its rental cash flow forecast for up to 40 years.

Hotel Feasibility

EstateMaster Hotel Feasibility (HF) is a hotel operation performance evaluation and feasibility tool. With hotel income being interrelated to assumptions like room rates, guests per room and occupancy rates, it is important you are able to capture all these inter-dependencies in order to accurately forecast the hotel’s cash flow.

Property Development Suite

The EstateMaster Property Development Suite is an integrated solution for your entire property development life-cycle, enabling you to conduct feasibility analyses and valuations, manage cash flows on live projects, and generate detailed reporting - from concept through to completion.

Investment and Valuation Suite

The EstateMaster Investment Suite is an integrated solution for real estate valuers and consultants, investment analysts and fund managers for producing professional valuation reports and investment appraisals based on industry-standard DCF and Capitalisation valuation methodologies.

Development Feasibility Lite

Designed specifically to meet the needs of real estate valuation and appraisal firms, EstateMaster Development Feasibility Lite (DF Lite) is perfect for projects requiring a valuation and feasibility process that is less complex. DF Lite offers the property professional a robust, professional solution that is quick, easy to use and affordable.

Release Notes

Our Software Enhancements

The EstateMaster R+D team is constantly working on improving the product suite based on feedback from our users. This is part of the service that is provided to subscribers to our EstateMaster Annual Software Maintenance program to ensure they are always benefiting from the latest advancements to our software.

Want to Upgrade to the Latest Version?

To download the latest versions, you can do either of the following:

Visit the Download page in the EstateMaster online Client Area (your client id and password required), and manually download and install the latest versions, or

Run the 'Check for Updates' utility found in the Help menu of your EstateMaster application

A complete list of previous software updates can be found below.

EstateMaster CC

Version

Enhancement

6.95.61.418

Import support for DF 6.40 and DM 6.40

6.95.51.169

Enhanced behavior of Portfolio pane on the main screen so that it doesn't refresh to the top of the Portfolio list when deleting a Portfolio or drag n dropping cash flows into a Portfolio.

6.94.39.776

Sample Database feature to trial application functionality without needed to set up a database.

Additional options for Development Margin calculations make it consistent with Estate Master DF and DM.

6.81

DM Cost Code Cash Flow report

6.80

Added a new DM Cash Flow Variation report, which compares the budgets stored in DM files for the next 12 month period, along with costs to date and forecast to complete.

6.72

A new Consolidated Summary report detailing each individual cash flow, as well as the consolidated results.

Added 'Project Number' and 'Account Code' to the sort order for reports.

6.71

More Information on Summary Reports: Additional information added to the Comparison and Consolidate Summary reports, such as Project Number, Account Code, Construction Commencement and Development Completion.

Updated IA Dashboard: Changed the NPV and IRR for IA Cash Flows on the dashboard to include Long Term Vacancy Allowances.

Improved Check for Updates Function: Changed the way the software detected updates to include all major and minor updates.

Fixed Errors on running reports: Fixed the issue where a error message was displayed when trying to run the Sources & Application of Funds and DCF Monthly reports.

Updated Advanced Filters: Changed the Date Range filters to be between and inclusive of the selected dates.

Updated Loan 1 Manual Repayments in Portfolio Financing: Allow the user to have manual repayments for Loan 1, even if a Facility Limit was set to zero.

Updated Portfolio Financing Rest Periods: Changed the rest periods that the 'Manual Adjustments' table used to be always Monthly, irrespective of the rest period of the individual Cash Flows.

6.7

Reports Grouped in Projects: Added an option to group cashflow-style reports by Project Number and Name.

Removed Merged Columns in Excel exports: Remove merged cells in the cash flow columns when reports were exported to Excel.

6.6

New Report filtering: Filter the lists of Projects and Portfolios to show all of them, or just the ones created by the current user.

Advanced Filters: Filter the list of all the cash flows in the database by different criteria, such as Type (Residential Comm, etc), Status (Approved, Completed, etc), Location, Developer, Land Owner, etc.

Custom labeling of Miscellaneous Cost sections: The custom heading labels that the user defined in the DF/DM Miscellaneous Costs sections now come through on the CC reports, with the added benefit of overriding these labels as well when creating a Portfolio.

New KPI’s on reports: Including a ‘Peak Equity Exposure’ on the Summary reports and the ‘Gross and New Profit’ and ‘Profit Share' on the DM Variation reports.

Print Multiple Copies of Reports: Added ability to define number of copies when printing.

Delete Multiple Cash Flows at a time: Rather than having to deleted one cash flow at a time, select multiple cash flows and delete them all in one click.

Fix the current Cash Flows in a Portfolio: Right-click a Portfolio and fix the current Cash Flows to it so that the Portfolio is set with those.

Improved Speed of Reports: Redesigned some reports to generate the results quicker, especially for larger Portfolios.

6.0

Stock/Inventory Reports to track what is exchanged and settled on a quantity and area basis.

Sources and Application of Funds Report to track where funds come from and where they are then utilised in a project.

‘Profit and Loss' and ‘Balance Sheet' reporting.

Ability to filter the data by criteria such as location, developer, project type and status, etc.

EstateMaster DF

Version

Enhancement

6.40.62.283

No features given

6.40.61.283

Chart of Accounts utility to centrally manage a list of transactions accounts from a company's general ledger and assign them to project cost or revenue line items.

Option to toggle Gridlines and Row/Column Headers on custom worksheets.

Update of spreadsheet interface (Spreadsheetgear), which includes support for 51 new Excel-compatible functions, Excel 2016 compatible conditional formatting and roved the performance of a number of worksheet functions.

6.20.42.616

Some minor bug fixes and enhancements

6.20.40.516

Project Milestones: Control the timings of your costs and revenues across all Development (DF and DM) CashFlows in a Project using an interactive Gantt Chart.

Added formatting functionality (bold font and coloured cells) for Code/Stage/Description input fields for each line item.

Allow linking to an Excel File that already has a link to an DF file with the same name.

Added the input fields on the 'Intro' sheet to the Input Cell Protection function, so the user can password protect these inputs.

File Autosave function, allowing the user to define a time interval between automatic saving,

Stage Cash Flow report, allowing the user to assign individual cost and revenue line items to a specific Stage in the project, then have the Stage Cash Flow report, provide a stage-by-stage breakdown. *

Inserting a Property/Project image or photo on the Intro tab and Title page.

Data tables to accompany the 2-Way What If Sensitivity charts.

Remove DPI and file size limitations for inserting logos/images.

* Not included in DF Lite

5.32.3

Improvements in the 'Change Source' and 'Break Links' options in the Excel Links functions

5.32

Added Capitalised Sales as a separate item to be exported to the Enterprise Database.

Update of spreadsheet interface (Spreadsheetgear), which includes support for 51 new Excel-compatible functions, Excel 2016 compatible conditional formatting and roved the performance of a number of worksheet functions.

6.20.42.616

Some minor bug fixes and enhancements

6.20.39.463

Added formatting functionality (bold font and coloured cells) for Code/Stage/Description input fields for each line item.

Allow linking to an Excel File that already has a link to an DFL file with the same name.

Added the input fields on the 'Intro' sheet to the Input Cell Protection function, so the user can password protect these inputs.

File Autosave function, allowing the user to define a time interval between automatic saving,

Allow changing tab colours of custom worksheets.

Added Residual Land Values and WACC to One-Way Sensitivity table.

Add Three-Way Sensitivity tables for Residual Land Values.

6.12.27.177

Added Sample Files library on the Welcome screen.

6.12.26.123

Added 'No of Units' column in Rental Income section to be able to enter multiple tenancies on one line.

Add option to enter rental income on a per unit basis and also on weekly basis.

Ability to enter in a Settlement month before the lease end date for Capitalised Sales.

A Cost Code 'Inclusions' function for the Xero Accounting Integration that allows you to define non Expense or Revenue Cost Codes (i.e.Equity, Assets or Liabilities) that you want included in the import process.

Support for using Array Functions on Custom worksheets.

Support for Data Tables (for scenario analysis), including importing Excel worksheets that contain Data Tables and creating them from scratch on the custom worksheets.

A configurable timeout setting for the Validation tool to allow longer checks for circular references.

Update of spreadsheet interface (Spreadsheetgear), which includes support for 51 new Excel-compatible functions, Excel 2016 compatible conditional formatting and roved the performance of a number of worksheet functions.

6.20.42.616

Some minor bug fixes and enhancements

6.20.40.558

Project Milestones: Control the timings of your costs and revenues across all Development (DF and DM) CashFlows in a Project using an interactive Gantt Chart.

Added formatting functionality (bold font and coloured cells) for Code/Stage/Description input fields for each line item.

Allow linking to an Excel File that already has a link to an DM file with the same name.

Added the input fields on the 'Intro' sheet to the Input Cell Protection function, so the user can password protect these inputs.

File Autosave function, allowing the user to define a time interval between automatic saving,

Allow changing tab colours of custom worksheets.

Allow locking of the Current Month column in the Cash Flow, in addition to the historical months.

Added WACC to One-Way Sensitivity table.

Locking the 'Date of First Period' input and 'Cash Flow Rest Period' preference, once the model has rolled forward past period 0.

Update of spreadsheet interface (Spreadsheetgear), which includes support for 51 new Excel-compatible functions, Excel 2016 compatible conditional formatting and roved the performance of a number of worksheet functions.

2.10.39.619

Allow linking to an Excel File that already has a link to an HF file with the same name.

File Autosave function, allowing the user to define a time interval between automatic saving,

Update of spreadsheet interface (Spreadsheetgear), which includes support for 51 new Excel-compatible functions, Excel 2016 compatible conditional formatting and roved the performance of a number of worksheet functions.

3.40.42.616

Added formatting functionality (bold font and coloured cells) for Code/Stage/Description input fields for each line item.

Allow linking to an Excel File that already has a link to an IA file with the same name.

File Autosave function, allowing the user to define a time interval between automatic saving,